BOXABL, a developer of factory-built modular housing solutions, announced it has received regulatory approval to sell and deploy its Casita Studio across Texas, marking a significant expansion into one of the fastest-growing residential housing markets in North America.
The approval comes as Texas enacts legislation aimed at reducing local restrictions on accessory dwelling units, creating a more favorable environment for housing expansion. BOXABL said the milestone strengthens its growth strategy as it prepares for its anticipated merger with FG Merger II Corp. (NASDAQ: FGMC) and planned public listing, while opening access to a state that has emerged as a major market for ADU development.
To view the full press release, visit https://ibn.fm/kbItq
About BOXABL
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’S flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation-setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
For more information, please visit https://www.boxabl.com/ir
About FG Merger II Corp.
FG Merger II Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
For more information, visit https://fgmerger.com/
NOTE TO INVESTORS: The latest news and updates relating to FGMC are available in the company’s newsroom at https://ibn.fm/FGMC
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